ECC2 Ventures Announces Transition to New Cpc Policy

ECC VENTURES 2 CORP.

Suite 1600, 609 Granville Street

Vancouver, BC V7Y 1C3

Telephone: 1-778-331-8505

NEWS RELEASE

ECC2 VENTURES ANNOUNCES TRANSITION TO NEW CPC POLICY

May 4, 2021 – Vancouver, BC, Canada. ECC Ventures 2 Corp. (“ECC2” or the “Company”)

(TSXV: ETWO.P) announces that further to its press release dated April 21, 2021 it has received

the approval of the TSX Venture Exchange (the “ Exchange”) to implement certain changes as

allowed by the Exchange’s Policy 2.4 – Capital Pool Companies, which became effective as at

January 1, 2021 (the “New CPC Policy”).

Pursuant to the New CPC Policy, the Company obtained approval by written consent of a majority

of its disinterested shareholders, excluding the votes of shares held by those parties who own Seed

Shares and their Associates and Affiliates (as such term s are defined in the policies of the

Exchange), to remove the requ irement and consequences of obtaining majority shareholder

approval to list on NEX and the cancelling of certain Seed Shares held by Non -Arm’s Length

Parties to the Company, as a result of the Company failing to complete a Qualifying Transaction

within 24 months after the date of listing of the common shares of the Company on the Exchange.

The Company will now implement these changes.

For more information, please contact Scott Ackerman, the CEO, CFO and a director of the

Company, at 778-331-8505 or email: [email protected].

On Behalf of the Board of Directors of ECC Ventures 2 Corp.

Scott Ackerman

Director

Neither TSX Venture Exchange nor its Regulation Services Provider (as that term is defined in the policies of the TSX Venture

Exchange) accepts responsibility for the adequacy or accuracy of this release.

Forward-Looking Statements

Statements included in this announcement, including statements concerning our and Infield’s plans, intentions and expectation s,

which are not historical in nature, are intended to be, and are hereby identified as, “forward‐looking statements”. Forward‐looking

statements may be, but are not always, identified by words including “anticipates”, “believes”, “intends”, “estimates”, “expe cts”

and similar expressions. The Company cautions readers that forward‐looking statements, including without limitation those

relating to the Company's and Infield’s future operations and business prospects, are subject to certain risks and uncertaint ies

(including risks that the Acquisition does not proceed, or proceed on the expected terms, geopolitical risk, regulatory, Covid -19

and exchange rate risk) that could cause actual results to differ materially from those indicated in the forward‐looking statements.

There can be no assurance that any forward -looking statement will prove to be accurate or that management's assumptions

underlying such statements, including assumptions concerning the Acquisition or future developments, circumstances or results

will materialize. The forward -looking statements included in this news release are made as of the date of this new release and

the Company does not undertake to update or revise any forward-looking information included herein, except in accordance with

applicable securities laws.